Long-term operating assets have value because they are expected to

Question

Quizplus · Accepted Answer

Long-term operating assets are expected to generate cash flows in the future that will help a company's operations and growth. These assets may include property, equipment, and intangible assets such as patents or trademarks. They are not expected to generate expenses, as expenses are costs incurred by a company in order to generate revenue or maintain its operations.

Long-Term Operating Assets Have Value Because They Are Expected to